Barnsley Building Society Conveyancing Lender Panel Compliance Tool

Lexsure’s COMPLETIONmonitor is an online pre- and post-completion checklist for property lawyers. Supported by the CML and PI insurers such as AmTrust. COMPLETIONmonitor is a unique risk management tool.

This system optimises the way you can demonstrate to lender panels that you are, and can stay fully compliant with their requirements, with alerts on Barnsley Building Society’s changes. Even though using COMPLETIONmonitor is not a condition for acceptance on the Barnsley Building Society panel, demonstrating you can stay up to date with Barnsley Building Society’s Handbook requirements is a helpful support to your panel application and, just as importantly, safeguard your firm’s panel status.

The system generates real-time alerts, automatically produces regulatory and CQS reports, and will improve your firm's efficiency. It is also user friendly, cost-effective and, for many firms, leads to a PII saving.

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Mortgage companies often vary their requirements. The UK Finance Lenders’ Handbook requirements from Barnsley Building Society are not guidelines, they are instructions from a client. As with many clients, instructions can change - and they do change, frequently:

A Timeline of Policy Changes

Since 2008, Barnsley Building Society has made 306 revisions or additions to sections of their version of the CML Handbook.
That equates to a section change every 8.9 days. In total, 85% of the sections of P2 of the UK Finance Lenders’ Handbook for Barnsley Building Society have been changed since 15/12/2008.

To find out more about lender panel compliance,

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Recent Changes Include

# Date Assoc. Changes Related To
16.3.2 20/07/2015 CML
6.14.1b 01/12/2014 CML
3.1.3 01/12/2014 CML
3.1.5 01/12/2014 CML
5.8.1 14/01/2014 CML
14.1.5 28/05/2013 CML
3.1.6 28/05/2013 CML
16.5.3a 16/01/2013 CML
6.11.1 16/01/2013 CML Obstruction of Access Indemnity Insurance
6.13.1 16/01/2013 CML

Last update 12/01/2020

Barnsley Building Society Solicitor Panel Example Support Desk Enquires from members of the public

I instructed a firm of solicitors to conduct the legal paperwork on my purchase six weeks ago having applied for a mortgage with Barnsley Building Society. The firm confirmed to me that they are on Barnsley Building Society conveyancing panel and gave me their panel reference. Barnsley Building Society then called me to say that their panel number was dormant and would need to be reactivated. What happens next? Should I appoint a new solicitor currently on the conveyancing panel for Barnsley Building Society?
The answer depends on whether you still have confidence in the said solicitors and how long it will take for the firm to be reinstated on the Barnsley Building Society conveyancing panel You may wish to enlist the help of your broker to check with the Barnsley Building Society as to the time frame to get your lawyer reinstated on the panel once again.
Our son is buying a newly built flat with a mortgage from Barnsley Building Society. His solicitor has advised him of a delay in receiving the ‘Disclosure of Incentive Form’. Who needs to receive the form?
The form is intended to provide information to the main parties engaged in the purchase. Therefore, it will be provided to your son’s lawyer who should be on the Barnsley Building Society conveyancing panel as a standard part of the process, and to the surveyor when asked.

The Developer will be required to start the process by downloading the form and completing it.

The form will therefore need to be available for the valuer at the time of his or her site visit. The form should be sent to the Barnsley Building Society conveyancing panel solicitor as early as possible, in order to avoid any last minute delays, and no later than at exchange of contracts.

I need to find a Barnsley Building Society panel solicitor in Stirling. Can you assist?
It is not clear why you need a Barnsley Building Society panel solicitor but in any event, if you can not find one on our search tool you will need to speak directly to Barnsley Building Society to find out which solicitors in Barnsley Building Society are on their panel. If you do find such a firm not listed please direct them to our site to list. After all the cost is only one £1 a month
I was supposed to complete on my first house last Thursday. My solicitor is on the Barnsley Building Society conveyancing panel but has changed address in the past couple of months and had not informed Barnsley Building Society of their new address. Barnsley Building Society is now refusing to release my funds as the information from the solicitors isn't correct.
This is a rare situation indeed. The majority of lender Terms of Conveyancing Panel Appointment specifically oblige the solicitor to inform the lender of an address change. Your solicitor needs to treat this with the utmost urgency. Do speak with or register your concern with the senior partner (assuming he or she is not your direct lawyer). Most lenders would be reasonable in this situation and expedite the resolution of this issue. It may be prudent to enlist the help of your local Barnsley Building Society branch or your mortgage broker to see if they can assist.
Do conveyancing solicitors on the Barnsley Building Society conveyancing panel work on a no sale no fee basis?
There is generally no requirements by lenders for their firms to operate on a no-sale-no-fee basis. There a small number of lenders who operate a very restricted conveyancing panel managed by a third party company (often termed in the industry as a ‘gatekeeper’). That third party may impose certain conditions such as non-sale-no fee on the panel firms. If you require this as a condition of your conveyancing then you should check with the conveyancing firm that this is part of their service
Are all conveyancing solicitors on the Barnsley Building Society conveyancing panel overseen by the SRA?
As solicitors, in order to be on the Barnsley Building Society conveyancing panel they would need to be regulated by the Solicitors Regulatory Authority. Many lenders do allow licenced conveyancers on their panel in which case such firms would be regulated by the Council of Licensed Conveyancers (CLC).
I can not work out if my mortgage offer obliges me to make sure the lease term for the flat is extended prior to the completion date . I have telephoned Barnsley Building Society on various occasions and told it wasn't a problem and they would lend. My solicitor - who is on the Barnsley Building Society conveyancing panel- telephoned and was told not they would not lend in accordance with their CML Handbook minimum lease term requirements. Who do I believe?
As long as the conveyancer is on the Barnsley Building Society panel she or he must comply with the CML Handbook requirements for Barnsley Building Society. Unless your lawyer obtains specific confirmation in writing that Barnsley Building Society will go ahead your lawyer has no choice but to refrain from exchanging contract and committing you to the purchase. We would suggest that you ask Barnsley Building Society to contact your lawyer in writing confirming that they will accept the remaining number of years left on the lease.